An estate executor must perform many tasks when administering the decedent’s estate. Most people work hard performing their duties and ultimately do an adequate job. Unfortunately, not everyone is cut out to take control of an estate and manage it prudently. Mistakes...
Estate plans can help people address many of the uncertainties that are commonly associated with the later stages of life. They can provide support for their loved ones and find a way to leave a meaningful legacy when they die while also addressing their medical needs...
A Totten trust, also known as a payable-on-death (POD) account or an informal trust, is a type of bank account that you can set up to transfer funds to a designated beneficiary upon your death. Accounts that are covered by this type of trust shouldn’t be included in a...
If you’ve never been through the estate planning process before (or even if you’re just updating things now that you’ve reached a new stage of life), there’s one word that can be used to describe it: Confusing. It doesn’t have to be this way, though. Working with...
